What is required to register a company with a foreigner in Kenya?

To register it, the CR1, CR8 and Statement of Capital forms need to be filled, and a memorandum of the company and its articles of association should be drafted. The names, addresses, passport photos, KRA PIN certificates and a copy of their IDs, local or alien, of the directors and shareholders, are also required.

Can a foreigner register a company in Kenya?

During the registration process, a foreigner will only use their passport to register the company unlike for locals who require a Kenya Revenue Authority PIN for registration. Company registration is done online through the ecitizen portal.

Can a foreigner be a director of a Kenyan company?

It can be wholly owned by a foreigner and some argue that a work permit may not be required in its formation. There is no requirement for a resident director or a company secretary.

How much does it cost to register a foreign company in Kenya?

Prior to carrying on business in Kenya, you must lodge an application for registration as a foreign company with the Registrar through the E-Citizen platform (https://www.brs.ecitizen.go.ke/) or www.services.brs.go.ke and pay the current registration fee of KES 7,550 or as statutorily advised (the fee includes the name …

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How long does it take to register a foreign company in Kenya?

Registration of a branch office takes on average 2 weeks. It is thus more expedient for foreign investors seeking to break into the Kenyan market.

Can a foreigner start a business?

In fact, there are no restrictions on foreign citizens generally. You do not even need to have a green card to start your business or purchase a corporation or Limited Liability Company (LLC) that is headquartered in the US. However, starting a business and actually working in the US are two different things.

What is required to register a company in Kenya?

To register a company in Kenya you shall require the following information and documents.

  1. Proposed company names for name search approval. …
  2. Objectives of the Company. …
  3. Names of the shareholders in Full.
  4. Names of the Directors in full if different from the shareholders.
  5. Contact information of the directors / shareholders.

How do I set up a foreign company in Kenya?

Requirements for Foreign Company Branch Registration in Kenya

  1. a completed Form FC 2 (Application for registration as a foreign company)
  2. a copy of the company’s certificate of incorporation or registration in its place of origin (or similar document) duly certified by a Notary Public.

How can a foreigner become a Kenyan citizen?

(2) A person who has been lawfully resident in Kenya for a continuous period of at least seven years, and who satisfies the conditions prescribed by an Act of Parliament, may apply to be registered as a citizen.

How can a foreign company operate in Kenya?

Companies incorporated outside of Kenya can do business in Kenya by registering a branch. The registrar of companies issues a certificate of compliance once all the requirements have been met. Certified copies of foreign company’s memorandum and Articles of Association.

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Does Companies Act apply to foreign companies?

As per Section 384 read with Section 77 of the Companies Act 2013 charges on properties which are created or acquired by any Foreign Companies whether situated in or outside India shall be registered with Registrar. Under Companies Act 2013 properties need not be situated in India.

How do I register my international business?

You can register a foreign (out-of-state) corporation in California by filing a Statement and Designation by Foreign Corporation (Form S&DC-S/N), along with a Certificate of Good Standing, to the Secretary of State’s office. There is a $100 filing fee.

How do I register a limited company in Kenya?

How to register a Limited company in Kenya.

  1. Name Search. The proposes company name has to be searched and reserved by the registrar of companies.
  2. Execution of forms CR1, CR2, CR8 and statement of Nominal capital. …
  3. Application for registration. …
  4. Registration and issuance of certificate of Incorporation.
  5. PIN application.

Can a foreigner own land in Kenya?

Foreigners can own property in Kenya in their name. The Constitution (2010), the Lands Act (6/2012) and the Land Registration Act (3/2012), subject to certain limitations, grant the right to any person, either individually or in association with others, to acquire and own land in Kenya.

What is a branch of a foreign company?

A foreign branch is another location of your company that operates entirely in another country. Think of it as an extension of your main office, similar to adding on an extension to your current office, but on a global scale. A subsidiary, on the other hand, is a new business in a foreign country.

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What is a foreign company in company law?

“foreign company” means any company or body corporate incorporated outside India which,— (a) has a place of business in India whether by itself or through an agent, physically or through electronic mode; and. (b) conducts any business activity in India in any other manner.